Industrial Warehouse with Two Bay
4159 Electric Way, Punta Gorda, FL 33980
For Sale
New
$639,900
Pending
The building combines warehouse space with an air-conditioned office, additional storage lofts, and a fenced rear area.
Property Size3,575 SF
Days on Market5
Property Features for 4159 Electric Way
General Information
Standard status
Size
Zoning
Additional Details
Fenced Yard
Warehouse Space
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Concrete
true
Public Records
Public
10457
100 x 104
0.24
false
Asphalt
Slab
Business District,County Road
3575
1
Building Details
Building Size
Year Built
Construction
Listing Agency:
The BRC Group LLC
(941) 964-8180
Listed By:
John Corcoran · License FL #3032809
(941) 473-5444
Source:
Mybrcgroup
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 10:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The BRC Group LLC
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Investment Insights
Based on property information with market context.
Built in 1995, this 3,575-square-foot warehouse has block construction and two large bay doors. The interior includes an office with air conditioning and a bathroom, plus loft areas for storage. A separate area is plumbed for a second bathroom, and the roof was replaced in 2021.
The property is zoned IG and includes parking and a fenced rear section with a large canopy. The warehouse is located at 4159 Electric Way in Punta Gorda.
The property is zoned IG and includes parking and a fenced rear section with a large canopy. The warehouse is located at 4159 Electric Way in Punta Gorda.
Key Highlights
- 3,575‑square‑foot warehouse with block construction
- Two large bay doors
- Office with air conditioning and a bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,844
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,880
$656.9K
Cap Rate 7%
$469,200
$469.2K
Cap Rate 9%
$364,933
$364.9K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$42.0K $12.00/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$38.6K $11.04/SF
− OpEx
−$5.8K −$1.66/SF
NOI
$32.8K $9.38/SF
Area
Charlotte County, FL
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,880
Cap Rate 7%
$469,200
Cap Rate 9%
$364,933
Alternative Uses
Best Use
Warehouse
$469.2K
$410.6K – $547.4K
NOI $32,844 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,220 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33980, FL
11,762
Population
8,108
Households
1.5
Avg Household Size
63
Median Age
21%
College-Educated
92%
High-School Grad
9.2 sq mi
ZIP Area
1,278
Density / Sq Mi
$61,871
Median Household Income
$33,365
Median Earnings
$1,216
Median Rent
$221,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Punta Gorda, FL
Properties on Market for Warehouses in Punta Gorda
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The building combines warehouse space with an air-conditioned office, additional storage lofts, and a fenced rear area.
Where is this warehouse located?
The property is located at 4159 Electric Way Punta Gorda, FL.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: 3,575‑square‑foot warehouse with block construction; Two large bay doors; Office with air conditioning and a bathroom
